What Implementing Business Model?

One of the most common questions among stakeholders when it comes to Online Marketing or Internet Marketing is "what business model to use", what specific strategy to continue to build a profitable business using the Internet.

Much has been talked about it and essentially all theories are correct. But the internet is so saturated with options that the new employer runs the risk of not knowing where to start.

That's the point I want to address today and I will refer specifically to a proposed model that considers the consumer niche of art, or artistic products, as their market potential.

Although the example used refers to a market or a specific philosophy proposed is applicable to absolutely any niche, understands network marketing, independent production, artistic cretion of the teacher or marketing of products from traditional business of any kind .

It is a matter of understanding how the model works rather than what we promote him.

In principle, this strategy is based on the distribution.

As already mentioned in another post , since the beginning of the Industrial Age and definitely now on the threshold of the digital age, many businesses changed their "financial philosophy" from production to distribution of goods and services, structured power the networks.

As mentioned before, what made ​​General Electric and Ford Financial monsters that became was not only his ability to produce, but also its ability to "mass produce and distribute."

In other words, there was electricity, but the distribution industry (electrification, wiring, poles, lights, utilities, etc.) which enhanced the development of the rule of General Electric, one of the leading paradigms of the Industrial Age.

The model was presented in the comment section TRUE FANS 1000 published in 2008 in the section of the site The Technium Kevin Kelly and proposes direct distribution to a group of enthusiastic followers, using strategies of Attraction and the power of the microcelebridades to market their products.


As have the item to us in Spanish (once you enter the link 1000 True Fans, look for the label "Translations / Spanish" under the title of the article) I will only discuss his thesis and recommend what is my own approach to Marketing Internet.

The thesis of 1000 True Fans is building relationships of mutual loyalty with 1000 hardcore fans, and recommended the construction of these relations on real and relevant exchange, so that our fans take advantage of its relationship with us and this communication is reversed in "fidelity" of them to us.

Attraction Marketing

Given the challenges of Internet distribution to marketing traditional products (scanning, downloadable product, P2P sharing, unauthorized copying, etc) this model is a strategy to take into account, while the same media that takes away a possibility can open other property used in scope yet we can hardly calculate.

This thesis is based on Attraction Marketing, explained by its proponents (and extremely simplified here), in the following order:

1 - Brand Yourself: Become a "brand." He personifies what you offer.
2 - Make a List: Create your list. Develop a relationship of value with your followers.
3 - Market to Your List: Marketing to your list.

The purpose of this article refers to item 2: that is to develop a relationship such that around a group of followers True Fans willing to secundarte in each company that you propose.


This is just what he did Cindy Gordon, vice president of New Media and Marketing Partnerships at Universal Orlando Resort in 2007 to launch "The Wizarding World of Harry Potter" * (download link to the final analysis).

Another example appears at the end of 1000 True Fans article. The link "The Reality of Depending on True Fans" musician Robert Rich, describes and analyzes his own experience as Artist and Entrepreneur.

The model presented is one of the possible solutions to structure a business of any kind on the Internet, and no doubt the model used by many marketers now living entirely on their online activities, or business because of the capabilities developed that offers the technology.

My only recommendation is to "implement a strategy and focus on it to give us results." The great risk we face in the avalanche of approaches that can be found on the Internet is diluted in the end nothing to try every new model or solution appears .

Notes:
* This event is studied in the book "Viral Marketing" by David Meerman, among other approaches to the use of Social Media as a platform for advertising.

15 Responses to What Implementing Business Model?
  1. Christy Dutilly
    June 17, 2010 | 6:59 a.m.

    Omar,
    This is huge and it is the basis of all marketing. This is what people need-to focus on. Learn the fundamentals of how to truly market (brand and drive traffic create), create your list which is your true asset list and give your true value. You Will Be rewarder in untold ways. Every shiny new system out there is a bit distracting. My advice is find someone who is doing it successfully and model them! There are mentors worth their "weight in gold". You are one:)!
    Christy

  2. Magali Delgado
    June 17, 2010 | 8:14 a.m.

    I think the basis of any online business is to understand how it works first of all, before venturing out.
    Implement a basic strategy, it's like when a ship sails, needed before a well-planned route to reach a destination without a plan, I would be lost.
    I agree with you that personal branding, relationship with the people in your marketing list and it is the best strategy.
    Thank you for sharing this strategy.
    Regards
    Magali

  3. Omar Estrada
    June 17, 2010 | 8:31 a.m.

    Christy Thanks a lot!

    Yes, "the new Guru System in Town" every two weeks ... Can be distracting

    For sure all of Them Have Great Things to teach us, if we do not learn But how to Deal With the amount of valid information out there, Could we end up "stuck in learning" FOREVER!

    Regards

  4. Marco Amaro
    June 17, 2010 | 10:33 a.m.

    Hello Omar!

    You've played a really important point! Note that I spent very similar at first, I needed to approach ...

    For example, trying to learn everything, instead of focusing on one thing at a time. And the worst ... there's so much information on the web, as you say, it is very easy to get distracted with anything and any "new and better method superpower" haha.

    In short, it's all learning and that is how we improve!

    Regards,
    Framework
    Marco Amaro's last blog .. The new algorithm Google: Caffeine My ComLuv Profile

  5. omarestrada
    June 17, 2010 | 10:50 a.m.

    Magali Thank you!

    Later, other strategies will deal equally useful, but I wanted to start with the idea of ​​"microcelebridad" as the article I found, "1000 True Fans" I felt very good.

    On the other hand, a little intuition, was what they were doing:)

    Regards
    omarestrada's last blog .. What Implementing Business Model? My ComLuv Profile

  6. omarestrada
    June 17, 2010 | 10:56 a.m.

    Hello Marco,

    indeed, it happened to everyone:)

    Once we are sensitive to one type of information that is new, we tend to want to absorb it all, which is not bad but that learning needs order and planning does not end with "merge" as we say in Cuba.

    Yesterday he talked with a partner I have in UK and their questions, I realized that sometimes we all bits of information we need, but we can not see "everything" which prevents us from moving forward.

    As our grandparents said, in that case, "trees do not let us see the forest" and the Online Marketing is a "jungle" packed with lovely trees:)

    Regards

  7. David A Haines
    June 17, 2010 | 2:51 pm

    Hi Omar! What a great article. You've touched on Some valuable points About Attraction Marketing and Branding. This Should Be Required Reading for every new Internet Marketer.

    Thank you!

    David Haines
    (215) 268-6696 Anytime!
    David A Haines's last blog .. Came Knocking Self-Doubt And I Opened The Door! My ComLuv Profile

  8. Sharon Hartman
    June 17, 2010 | 4:55 pm

    Hey Omar,

    Great info you are sharing!

    People are so overloaded with information from home and Them COMING at angle. I Was One of Them in the beginning.

    i Learn to focus on one strategy and master it! It Takes a Tremendous amount of focus Because trainings are COMING at us from home and angle. Otherwise, like you said, We will be forever stuck in a learning mode ending.

    You state it plain and simple ... brand, create a list, market to That list.
    The Fortune Is not the list, its in the list!

    Thanks Omar!
    Sharon Hartman 's last blog .. Do not Stop Being Who You Are Because Of Fear! My ComLuv Profile

  9. Omar Estrada
    June 17, 2010 | 7:47 pm

    Thanks Sharon and David!

    it's great to have you here, guys ...
    Omar Estrada's last blog .. What ... Implement Business Model? My ComLuv Profile

  10. Raisa Garrido
    June 19, 2010 | 1:48 pm

    Hi Omar,
    As always very informative. Excellent, you do look so simple it really is.

    Create your personal brand, create the list and market to your list.
    1,2,3, that simple ... aparentenmente.

    The problem is that often loses focus with so much information, pursuing "the last super method"

    Understanding how to create an action plan and implement the strategy to work, that's the key.

    Thanks
    Raisa
    Garrido's last blog Raisa .. Personal Development with Jim Rohn My ComLuv Profile

  11. David Merrill
    June 20, 2010 | 9:18 pm

    This is great information, Omar. And it really illuminates an essential point, as Sharon said, That You Need To Find One That Works method for you and put everything else out of your mind. Otherwise, you just Might Go out of your mind.

    Thanks for the clarity and direction, Omar.
    David Merrill's last blog .. Syndication Network With Tribes My ComLuv Profile

  12. Omar Estrada
    June 20, 2010 | 9:30 pm

    Thanks my Friend!

    I truly believe That the amount of information and "approaches" are a real out there for the new entrepreneur Risk, in terms of focusing.

    So, great to know you agree with me In These ideas, guys!
    Omar Estrada's last blog .. What Implementing Business Model? My ComLuv Profile

  13. Donna Merrill
    June 21, 2010 | 10:28 a.m.

    WoW Omar! What a fascinating message. I Strongly agree with you. Building Relationships I like also. I believe That a handful of people That You Will are Strongly connected to spread your word. Recommendations are Gaining so much better than numbers.
    I am after-quality, not quantity! When I coach, I need a person eager to learn That Is Following a principal and not of the numbers game.
    Thanks for sharing such great information.

    • omarestrada
      June 22, 2010 | 6:42 pm

      Thanks a lot Donna!

      Exactly! ... Too many people think That "the key to success" in the numbers and Industry is Most of the Time Following the strategy of numbers gets good results in a short time But if the approach people you do not join feel the quality of Being in a real human exchange with you or other Members of your team, MOST of the time these "numbers" just leave.

      That's why I like the 1000 Fans approach, not only Because It Talks About Business But Also About the consistency of interacting at a human level.

      Greetings and thanks for passing by:)

  14. [...] In a previous post, referring to the Internet Business in the niche of artistic products, addressed the generation of "qualified traffic" through the strategy "1000 True Fans" proposed direct distribution to a group enthusiastic supporters and "fans". [...]

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